What make people panic sell?

[Freezingel]

Most of them probably don't understand yet about crypto, so they become panic and want to sell everything once the price fall down. Or maybe that's because they don't plan to use bitcoin as a long term investment, but a short one so they decided to cut loss when the price already drops.

[1714893089]

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[1714893089]

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[Republikcoin.com]

Most of them probably don't understand yet about crypto, so they become panic and want to sell everything once the price fall down. Or maybe that's because they don't plan to use bitcoin as a long term investment, but a short one so they decided to cut loss when the price already drops.

Of course, the lack of experience with how to understand cryptocurrency works, makes most people immediately cut ties when they panic about losing even more money.
They don't remember that there is still a lot of time in the future for cryptocurrency to be used by many people and start to go up and get expensive.
BNB will continue to be needed and the supply will continue to decrease because it is burned for a certain period of time on a regular basis, so that the BNB coin will become a favorite coin in the future.
Stay confident and don't panic

[udidrone]

Most of them probably don't understand yet about crypto, so they become panic and want to sell everything once the price fall down. Or maybe that's because they don't plan to use bitcoin as a long term investment, but a short one so they decided to cut loss when the price already drops.

Of course, the lack of experience with how to understand cryptocurrency works, makes most people immediately cut ties when they panic about losing even more money.
They don't remember that there is still a lot of time in the future for cryptocurrency to be used by many people and start to go up and get expensive.
BNB will continue to be needed and the supply will continue to decrease because it is burned for a certain period of time on a regular basis, so that the BNB coin will become a favorite coin in the future.
Stay confident and don't panic

We can't resist new people keep coming because of hype and then buy bitcoin or other crypto without any knowledge about it and only follow what famous people say. And it keep happened since past until now and  you who already in crypto for longer time must be know circulation about it. If me for now i will focus on my investment, or maybe warn people that near me who want to make investment in crypto at least risk behind it. So they not only join because of hype but understand what good or bad point about crypto investment.

[dikistutmazsabri]

If your investment has reached a very utopian level, you don't want to lose it. If the coin you invested has managed to reach that level, this is a sale due to the fact that you do not want to miss that opportunity. this panic is due to the possibility of missing that opportunity. but of course there may be other reasons. There are also many external factors such as manipulations, some fears experienced, and negative news.

[AakZaki]

Of course, the lack of experience with how to understand cryptocurrency works, makes most people immediately cut ties when they panic about losing even more money.
They don't remember that there is still a lot of time in the future for cryptocurrency to be used by many people and start to go up and get expensive.
BNB will continue to be needed and the supply will continue to decrease because it is burned for a certain period of time on a regular basis, so that the BNB coin will become a favorite coin in the future.
Stay confident and don't panic

people who panic because they are using the money they need later. buying coins at a high price and then the price going down will put their psychology into play and will certainly end all their investment.

The BNB you mentioned is my favorite coin as well and I am still holding some BNB and keep buying it back until now, I am sure BNB will reach even higher new ATH. Confidence and not panic will provide benefits on the investment made.

[secretgirl]

We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

There soulnd't be any sale presure given the history that we see Bitcoin only going up in value

I think, not everyone sells because they panic and think that the value will be 0. Because the traders have their own speculations, and they will not make a profit if they don't make a sale. indeed bitcoin is more dominant and continues to rise. but traders take advantage of market conditions which sometimes also experience a decline. traders will take advantage of the time the price goes up to sell, and be patient waiting for the price to fall to buy back, so they can make a profit. So, I don't think everyone who sells is said to be scared or panicked.

[online73]

Hello everybody. Panic is always a bad thing because panic makes an already very bad situation worse. A very illustrative example is yesterday's fall in the price of bitcoin, this was especially noticeable on all cryptographic telegram channels. First of all, the fear of the unknown, the fear of the incomprehensible - what's next. Few could have predicted such a sharp drop, and the vast majority sold at the lowest price. I will not tire of repeating - before entering the cryptocurrency market, it is necessary to develop at least two trading tactics for two scenarios of the development of events and strictly adhere to these tactics, - if you still do not have enough strength to look at the falling market, - Guys, it is better to move away from trading at least for a while. The market leaves alarmists with zero very quickly.

[selenafox]

Actually, I think that 50% are panic sales and the other 50% need money to fulfill their needs. Many people buy their dream car, home, etc.

[ILuckyGuyI]

I don't think that the reason is being afraid of the possibility that the price may go down to zero. The reason must be that they are afraid of losing much more and as a result they act without thinking. However, they can recover their money after some time if they learn to be patient.

[Altryist]

people who panic because they are using the money they need later. buying coins at a high price and then the price going down will put their psychology into play and will certainly end all their investment.

Stronger market players, very good psychologists, and they use tricks that make people sell at a loss. I think that the main reason is that people think that the market will fall even lower, much lower, and in order not to lose everything, they are selling now, and the market starts to grow again. There are also cases when people take money on loans in order to buy cryptocurrency, in which case there have additional pressure that the money will need to be given away, and they not only did not earn, but also lost.

[KryptoKings]

We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

There soulnd't be any sale presure given the history that we see Bitcoin only going up in value

People are stupid. They started selling on just one negative news. I don't think small holders do that. Big whales are the one that crash the market. They take advantage of any such news, start putting sell order and end up buying at low.
It's time we somehow get rid of these big whales and prevent market manipulation.
When I say whales, I don't necessarily mean individual whales, I also mean institutional whales.

[zanezane]

Herd instinct. It's hard for me to explain it any other way.

Some of them are smart enough to sell because they have a lot at stake and their goal is mostly short-term so they have to stop the bleeding as fast as they can. But you are right that herd instinct is the reason why they panic sell plus they are greedy.

[Chato1977]

We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

There soulnd't be any sale presure given the history that we see Bitcoin only going up in value

because majority of investors are not ready to wait for long time , Some of them has a plan for their funds for short time. while others just wanted and easy money.

respect their decision and also that makes the world of crypto stays healthy because imagine if all of us holds bitcoin then how would this circulate and show the world how it works?
remember that this is a Currency and not a stored value.

[btc78]

Herd instinct. It's hard for me to explain it any other way.

Some of them are smart enough to sell because they have a lot at stake and their goal is mostly short-term so they have to stop the bleeding as fast as they can. But you are right that herd instinct is the reason why they panic sell plus they are greedy.

Selling when the price is pumping than when the value start to crash because no matter what happened we already in profit not like when we are greedy that expecting more and more pump but when we missed the chance then the price comes down and mostly we were trapped and leaves no option but to sell when we are already at losses.

Actually, I think that 50% are panic sales and the other 50% need money to fulfill their needs. Many people buy their dream car, home, etc.

Good enough ;point mate or maybe better say 50 % are greedy and 50% are weak .

[omaralirajbd]

Dear friend I think some people afraid when market down he lost his money. When market down I think cannot do panic sell because panic sell more down the market. I think we need long term invest and cannot trade sort time. Only professional trader profit his trading by sort time. I also invest long time and cannot do panic sell.

[Ridi]

You shouldn’t panic sell anything  because emotional feeling is not the key to successful trading, because emotional attachment causes traders to violate their own trading systems.some begginers are new in the market and they invest in a new market and they just panic if they lose what to do there are so many reasons.
Don't panic ask if any doubts to experienced people take more knowledge and learn. 🙏🙂

[Kong Hey Pakboy]

Actually, I think that 50% are panic sales and the other 50% need money to fulfill their needs. Many people buy their dream car, home, etc.

Well, OP's asking for the reason why some people panic sells when the market's not in the good run. For me, the only reason that I can think of is that they're new to the market, they expect that the prices are going to be steady and that they're at the right timing in the market.

[marilynmanson21]

usually panic selling, the price starts to fall from the estimated sales, this usually happens when you buy tokens at high prices and start moving down and often happens to beginners with FOMO capital ,

[BOAEDAN]

what makes people panic selling,? habits of inexperienced people, and he believes too much in negative posts, and believes too much in the media that drops bitcoin, and when the price starts to fall maybe that's when he panics, and sells all the bitcoins they have.

[ChiBitCTy]

We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?

There soulnd't be any sale presure given the history that we see Bitcoin only going up in value

500k you say? That sure is one aggressive price target.  I am certainly not saying it can't reach that point, because I believe it possibly can, but just not likely anytime soon.  As to why people panic sell?  Because they are afraid of prices never coming back to that point, they don't understand investing and markets, and are often simply uneducated.  As a financial advisor I see panic selling all the time with all sorts of products.  Often you simply can't talk sense in to people.